Maybe you're looking at MLS listings, Loopnet, a stack of rentals sent to you by an investor exiting the business, whatever...I was just explaining what the 2% rule was designed to do, thus attempting to answer the question "what is the 2% rule?"

If there are any structural changes, you'll also need a structural engineer to stamp ($600 or so in my experience).Or, if it's really just straightforward and aesthetic, just do it and don't get the county involved.

From my understanding a property can only be listed C5 due to serious structural issues, nothing about how messy or drunken or drugged up the renters are can cause such a designation, so if it has been listed C5 than the inspector must have missed something right?

While I enjoy the real estate reality genre, nothing in a my landlording career would interest a  reality TV producer (no drama, by design).

Conveniently it looks like the house next to it has been popped up already, and there are several other taller homes on the street, so aesthetically we would still be in line with the surrounding area.

You get taxed as ordinary income unless you use an S-corp or an LLC with the s-corp tax designation.

Hi Jeremy, I don't have a yes or no answer, but with my experience here in San Francisco as an Interior Designer we don't flip homes without getting a permit and a licensed  contractor especially if it's a major renovation.

A single shower stall with a great glass enclosure will give you more appeal and modern design.

Conveniently it looks like the house next to it has been popped up already, and there are several other taller homes on the street, so aesthetically we would still be in line with the surrounding area.

This one will help you get insight on where you want to go, and what you want a VA for.I've used Fiverr.com to get one time help with jobs from people (SEO research, logo design, blog post writing).I've used OnlineJobs.ph for hiring more long term help .. people posting Craigslist ads or answering calls for me.Both are nice because with Fiverr.com you don't have to train someone to do something for you -- just tell them what you're looking for.